legislative session , beck ##ham urged investigation and prosecution of corrupt insurance companies , following the lead of new york attorney charles evans hughes . in particular , he recommended reducing the practice of def ##erre ##d divide ##nds , which allowed the insurance companies to keep large stores of cash on @ - @ hand for illegal purposes . he further advocated that insurance companies doing business in the state be required to invest a certain percentage of their earnings in kentucky , bo ##lster ##ing the its economy and providing policy ##holders some protection against fraud . beck ##ham refused to send troops into the western part of the state to que ##ll the ongoing black patch tobacco wars . he cited constitutional reasons for his
legislative session, beckham urged investigation and prosecution of corrupt insurance companies, following the lead of new york attorney charles evans hughes. in particular, he recommended reducing the practice of deferred dividends, which allowed the insurance companies to keep large stores of cash on @ - @ hand for illegal purposes. he further advocated that insurance companies doing business in the state be required to invest a certain percentage of their earnings in kentucky, bolstering the its economy and providing policyholders some protection against fraud. beckham refused to send troops into the western part of the state to quell the ongoing black patch tobacco wars. he cited constitutional reasons for his